Harvard and Trump: What You Need to Know
April 20, 2025
44,196
337
132
1.06%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bloomberg News Episodes Around April 20, 2025
See what was published immediately before and after this episode.
1:30Now PlayingHarvard and Trump: What You Need to Know
YouTube Description
as posted by the channelHarvard University pushed back against the US government after President Donald Trump said the school should lose its tax-exempt status, warning that such a move would endanger its ability to carry out its mission and threaten higher education in America.
“There is no legal basis to rescind Harvard’s tax-exempt status,” university spokesman Jason Newton said in a statement, adding that such a move would damage Harvard’s medical research efforts and ability to offer financial aid for students. He also cautioned that using this “instrument” would have “grave consequences for the future of higher education in America.”
Trump has escalated his fight with the oldest and richest US university after the school refused to bow to his administration’s demands. The US froze more than $2.2 billion of multiyear grants this week, Trump suggested the Internal Revenue Service should tax the university as a “political entity” and then his homeland security chief threatened to prevent the school from enrolling foreign students.
The White House has sought to overhaul elite education arguing that schools need to combat antisemitism after protests against Israel broke out on campuses across the US in the wake of Hamas’s attack on the Jewish state and the resulting war in Gaza — but its efforts have sparked concern the administration is trying to suppress free speech and imperil academic freedom.
--------
Subscribe to our YouTube channel
Subscribe to Bloomberg Originals
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
Breaking News on YouTube
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.